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145 East 116th Street, New ...

Updated Oct 29, 2024

BB Juice Leases Retail Space In East Harlem, NYC
LEASEDRetail

BB Juice Leases Retail Space In East Harlem, NYC

145 East 116th Street, New York, NY 10029, USA

Building Size

1,200 SF

Asset Type

Retail

Closing

Feb 28, 2021

About this deal

AI

An retail property located at 145 East 116th Street in East Harlem has been leased. The tenant, BB Juice, will occupy the space, which spans 1,200 square feet. The landlord for this transaction is Eli Kim. The asking rent for the property is $110 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease

The lease deal for the retail property at 145 East 116th Street in East Harlem was facilitated by Samuel Chera of Kassin Sabbagh Realty, representing the tenant BB Juice. Samuel Chera acted as the broker in this transaction.

Players

Samuel Chera

Kassin Sabbagh Realty

Broker

29 deals

Broker

New York Retail Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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